South Korea to apply zero tariffs on LNG and LPG (opens original article in a new tab)

South Korea will impose zero tariffs on LNG and LPG imports in 2026 to address inflation caused by fluctuating global energy prices.

• South Korea will apply zero tariffs on LNG and LPG imports within quota limits in 2026.
• The policy aims to ease inflationary pressures due to global energy price volatility.